Fraud and Risk Management are Impetus for Big Data in Financial Sector, Reveals New Market Research Report

The global big data market in financial services is expected to grow in the future due to increasing technological disruptions in the financial services space.  Increase in the number of banking related frauds, rising bad loans, loan defaults etc. calls for better risk management as well as rise of new age Fintech companies offering specialized technical solutions in the financial domain have given serious competition to the existing financial firms. Thus, the big data analytics market is expected to witness a surge in demand as more banks and other financial institutions adopt big data analytics solutions to stay relevant in the fast-changing industry.

The objective of this research study is to understand the current big data market in financial services across the world and to estimate the growth rate for the next 5 years. The report covers detailed analysis of companies – value chain, financial performance, forecast, business strategy and SWOT analysis, which are involved in providing big data analytics solutions in the financial services domain and have presence across different regions of the world.

The global big data market in financial services is currently valued at USD XX billion. It is expected that the market will grow at a CAGR of 18.57% and will reach USD XX billion by the year 2021.

The end users of big data analytics in financial services are banks, brokerages, central institutions, government agencies, independent rating agencies and other financial institutions etc. Fraud detection, risk management and marketing insights are some of the major use cases for big data analytics in the financial services industry. Rising fraudulent activities, problem of bad loans (non-performing assets), rising competition from Fintech firms and digital disruption are the key factors which will drive the growth of this industry.

This report concludes by analyzing the industry through PESTLE, porter’s 5 forces and SWOT analysis, discusses the challenges faced by the new players entering the industry and present and future trends observed. Strategic recommendations are also discussed separately and in detail for policy maker, end users, service providers and investors in the report.

Scope of Big Data in Global Financial Services Market 2021 Report

– This report provides a detailed view of global big data market with the current market value as well as projections for future market potential and growth rate.

– This report identifies the need for big data analytics in financial services.

– This report provides detailed information on the value chain as well as the different market segments and their segment wise market share and growth potential.

– This report provides detailed information on region wise growth forecasts for big data market in financial services globally by 2021.

– This report identifies the growth drivers and inhibitors for big data market in financial services globally.

– This study also identifies policies related to big data in financial services market globally.

– This report identifies various credit, policy and technical risks associated with big data in financial services market globally.

– This report has detailed profiles of 4 key players in the world in big data analytics industry covering their business strategy, financial performance, future forecasts and SWOT analysis

– This report covers in detail the competitive landscape in detail of global big data in financial services market.

– This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for global big data in financial services market.

– This report provides porters five forces analysis for global big data in financial services market

– This report provides SWOT (strength, weaknesses, opportunities, threats) analysis for global big data in financial services market

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Worldwide Crypto-Currency Market is expected to reach $84 billion by 2024; Finds New Report

Crypto-Currency Markets: Market Shares, Strategy, and Forecasts, worldwide, 2018 to 2024. The 2018 study has 299 pages, 78 tables and figures. Worldwide markets are poised to achieve continuing growth as the advantages of digital currency move away from the drug dealers and the criminals to mainstream activities like supply chain management and IoT communications. Cyber currency is useful in marketing and branding.

The value of Bitcoin is very volatile. The number of payments that can be handled is low. So why does the cybercurrency hold attractions and have a high market cap? The reason is people can use it to move money around anomalously. This has value to some people.

The cyber-currencies are expected to further evolve lowering the cost of bank settlements and giving people access to inexpensive worldwide payments systems. Bitcoin does face scaling issues that will need to be resolved for its longer-term viability – specifically, transaction processing costs, speed, and energy requirements will need to be addressed.

Worldwide Crypto-Currency market at $1.9 billion market in 2017, is expected to reach $84 billion by 2024.

Publisher Research is an independent research organization funded by the sale of market research studies all over the world and by the implementation of ROI models that are used to calculate the total cost of ownership of equipment, services, and software.

The company has 35 distributors worldwide, including Global Information Info Shop, Market Research.com, Research and Markets, electronics.ca, and Report Linker. Publisher Research is positioned to help customers facing challenges that define the modern enterprises. The increasingly global nature of science, technology and engineering is a reflection of the implementation of the globally integrated enterprise.

Customers trust Publisher research to work alongside them to ensure the success of the participation in a particular market segment.

Publisher Research supports various market segment programs; provides trusted technical services to the marketing departments. It carries out accurate market share and forecast analysis services for a range of commercial and government customers globally. These are all vital market research support solutions requiring trust and integrity.

Spanning over 299 pages Crypto Currency and Cyber Currency: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2024” report covers Report Introduction, Cryptocurrency: Market Description and Market Dynamics, Cybercurrency Market Shares and Forecasts, Cybercurrency Product Description, Cybercurrency Research and Technology, Cyber Currency Company Profiles, Appendix. This report Covered Companies – Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Cardano, Stellar, NEO, Monero, IOTA, Dash, Tether.

Please visit this link for more details: http://mrr.cm/U2p

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Global FinTech Investment Market to grow at a CAGR of 54.83% during the period 2016 – 2020; Finds New Report

Report forecast the global FinTech investment market to grow at a CAGR of 54.83% during the period 2016-2020.

FinTech is a service based on financial applications. Over the years, the purview of FinTech has extended to include new and innovative front-end consumer products. Many FinTech start-up companies provide convenient solutions that are operable through hand-held portable devices directly to the customer through licensing, or white label them to existing financial service providers.

The report covers the present scenario and the growth prospects of the global FinTech investment market for 2016-2020. To calculate the market size, the report considers the total investments from the FinTech market reported from EMEA, APAC, and the Americas. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors operating in the market.

The market is divided into the following segments based on technology:

  • P2P lending
  • Online acquiring and mobile wallets
  • Personal finance management or private financial planning
  • MSME services
  • MPOS
  • MobileFirst banking
  • Bitcoin
  • Crowdfunding
  • others

According to the report, FinTech companies are seeking the means to store, analyze, and search vast amounts of data. Such analysis would help them segment customer populations, identify opportunities for new products and services, and optimize pricing mechanisms. The use of big data and new data can improve investment decisions, and also help arrive at comprehensive credit scoring mechanisms. Also, the vast amount of data can contribute to managing risks in spotting outlier transactions that may indicate fraud or cyber security breaches, or may validate credit-worthiness decisions.

Further, the report states that in many developing nations, the concept of online payment is at its nascent stage. The mass market customers are unaware of the benefits of using such technologies. This is hindering market growth.

Global FinTech Investment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global FinTech Investment Market: Oscar, Qufenqi, Wealthfront, and ZhongAn.

Other Prominent Vendors in the market are: Atom Bank, Avant, Funding Circle, Klarna, and Kreditech.

Market driver

  • Big data and artificial intelligence
  • For a full, detailed list, view our report

Market challenge

  • Privacy and security concerns
  • For a full, detailed list, view our report

Market trend

  • Growing popularity of blockchain
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 63 pages and 43 Exhibit Global FinTech Investment Market 2016 – 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Five forces analysis, Market segmentation by FinTech for technology, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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Big Data in Global Financial Services Market to Grow at 35% CAGR by 2020, Reveals New Market Research Report by NOVONOUS

Big Data in Global Financial Services market is expected to grow at a CAGR of 35% representing in huge opportunities in this sector, finds a new research report launched by NOVONOUS. This growth is driven by increasing penetration of big data, increase in analytics services and availability of affordable big data solution and services to end users.

Big Data in Financial Services Industry controls the largest market share at 22% in terms of revenue in Global Big Data market. It is expected to become second largest industry in terms of it’s market share position in 2020.

Organizations worldwide are turning their attention to Big Data as a useful means to derive insights from the huge amount of data generated from various sources. Technologies such as NoSQL databases and MapReduce/Hadoop frameworks are at the core of the solutions heralding a paradigm shift.

This research found that high investment costs, lack of awareness and novelty have been the main threats for new entrants in the Big Data space. There are a few major players who control the entire value chain. However, many smaller players have mushroomed who provide consulting in the Analytics space. This research also found that most organizations misunderstand Big Data and it is important to educate the end users through face to face interactions.

To know more about this newly launched market research report visit Big Data in Global Financial Services Market: Key Trends,Market Opportunities and Industry Forecast 2015-2020

Spanning over 103 pages and 75 exhibits, “Big Data in Global Financial Services Market: Key Trends, Market Opportunities and Industry Forecast 2015-2020” report presents an in-depth assessment of the Big Data in Global Financial Services market from 2015 till 2020.

The report has detailed company profiles including their position in big data market value chain, financial performance analysis, product and service wise business strategy, SWOT analysis and key customer details for 12 key players in Global market namely TEG Analytics, Heckyl Technologies, KloudData Inc., Gramener, Germin8, VIS Networks Pvt. Ltd., Abzooba, Fintellix, Latentview, Indix, Analytic-Edge and Tookitaki.

Scope of Big Data in Global Financial Services Market: Key Trends, Market Opportunities and Industry Forecast 2015-2020 Report

  • This report provides detailed information about Big Data in Global Financial Services market including future forecasts.
  • This report identifies the need for focusing on Big Data in Financial Services market.
  • This report provides detailed information on growth forecasts for Big Data in Global Financial Services market up to 2020.
  • The report identifies the growth drivers and inhibitors for Global Big Data market.
  • This study also identifies various parts of Big Data value chain.
  • This report has detailed profiles 12 key players in Global Big Data market covering their business strategy, financial performance, future forecasts and SWOT analysis.
  • This report covers the competitive landscape in Big Data in Global Financial Services market.
  • This report provides Porter’s Five Forces analysis for Big Data in Global Financial Services market.
  • This report provides SWOT (strengths, weakness, opportunities and threats) analysis for Big Data in Global Financial Services market.
  • This report also provides strategic recommendations for end users, Big Data service providers and investors.

For more information and purchase this report please visit:

http://www.marketresearchreports.com/novonous/big-data-global-financial-services-market-key-trends-market-opportunities-and-industry

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About NOVONOUS

NOVONOUS helps organizations differentiate themselves, break entry barriers, track investments, develop strategies and see through corporate fog by providing business intelligence that works for their business. For more information about NOVONOUS visit: http://www.novonous.com

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